SEC Slaps 'Stoner Cats' Featuring Ashton Kutcher, Mila Kunis with $1M Fine Over NFT Controversy
Sep 15, 2023 05:02 am UTC| Economy Law Digital Currency Business Investing
The Securities and Exchange Commission (SEC) penalized Stoner Cats 2 LLC $1 million for an unregistered NFT offering that raised over $8 million. This comes after the cartoon series Stoner Cats captivated many with its...
Google Faces Antitrust Charges Over $10 Billion Annual Exclusivity Arrangements
Sep 14, 2023 06:05 am UTC| Economy Technology Law Business
Over the next 10 weeks, federal and state attorneys will probe Googles alleged manipulation of its dominant internet search market position, stemming from a three-year-old antitrust lawsuit by the Department of...
Indonesia Targets 'Live' Sales on Social Media; New Trade Regulations Imminent
Sep 14, 2023 02:42 am UTC| Economy Life Business Law
Indonesia is set to introduce stringent trade regulations on social media transactions. During a recent parliamentary hearing, Deputy Trade Minister Jerry Sambuaga underscored the surge of live sales on platforms like...
India Paves Path for Global Crypto Regulatory Standards Within Six Months
Sep 12, 2023 10:14 am UTC| Economy Digital Currency Business Law
India drafts crypto regulatory framework, heeding recommendations from the International Monetary Fund (IMF) and Financial Stability Board (FSB). Legal legislation targets completion in five to six months, emphasizing...
Sep 11, 2023 06:16 am UTC| Law Digital Currency
Faruk Fatih Ozer, founder of Turkeys Thodex cryptocurrency exchange, and his siblings have been sentenced to 11,196 years each for defrauding over 2,000 investors, marking a landmark case in Turkish financial...
US Commerce Urged to Act Against Tech Exports to Huawei, SMIC after Potential Trade Violation
Sep 09, 2023 03:39 am UTC| Economy Technology Business Law
Representative Mike Gallagher has called on the U.S. Commerce Department to halt technology exports to Huawei and SMIC following the discovery of chips in Huawei phones that could contravene trade...
Legal Sector Flourishes Amidst Cryptocurrency Bankruptcies; Firms Collect $700M in Fees
Sep 06, 2023 06:18 am UTC| Economy Law Digital Currency Business
Amid cryptocurrency downturns involving FTX and Celsius, the legal sector flourishes, raking in unprecedented revenues as lawyers navigate complex regulatory landscapes in high-profile bankruptcy cases. A recent New...
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects